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National Insurance News

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05/06/2015 02:21 AM

GEICO to Raise Auto Insurance Premiums - Insurance Journal


GEICO to Raise Auto Insurance Premiums
Insurance Journal
GEICO, which “everybody knows” saves drivers 15 percent on auto insurance, said it will raise its auto premiums after underwriting results declined in the first quarter. The giant direct writer said its underwriting profit for the first quarter was ...

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05/05/2015 07:03 PM

Uber halts operations in Kansas, objecting to insurance requirements - Los Angeles Times


Los Angeles Times

Uber halts operations in Kansas, objecting to insurance requirements
Los Angeles Times
Aside from more stringent background checks, the bill requires Uber drivers who have a lien on their vehicle to carry their own comprehensive collision insurance. Except for Utah, no other state that has legislation for transport network companies has ...
Uber no longer operating in Kansas after state ups mandatory insurance ratesThe Verge
Uber flounces out of Kansas to protest new bill on background checks and ...Mashable
Due to auto insurance rules, Uber is not in Kansas anymoreInsurance Business America

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05/05/2015 06:03 AM

Long-Term-Care Insurance: Readers Weigh In - Wall Street Journal (blog)


Wall Street Journal (blog)

Long-Term-Care Insurance: Readers Weigh In
Wall Street Journal (blog)
The decision of whether to buy long-term-care insurance is a difficult one, as an article in Saturday's Weekend Investor section explored. These policies—which typically cover qualifying care in nursing homes, assisted-living facilities and at home ...

 

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05/05/2015 05:57 AM

RIMS Report: Uber Touts Ridesharing Insurance Solution - Insurance Journal


RIMS Report: Uber Touts Ridesharing Insurance Solution
Insurance Journal
In the rapid rollout of mobile app-based ridesharing services that compete with traditional taxicabs and other urban transportation, taxi businesses have bristled over the higher insurance costs they must bear compared to what drivers for Uber, Lyft ...

 

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05/06/2015 09:07 AM

Do You Really Need Long Term Care Insurance? - Motley Fool


Motley Fool

Do You Really Need Long Term Care Insurance?
Motley Fool
Long term care insurance is designed to help you cover the costs of a nursing home or other skilled care as you age. As with most insurance policies, you must consider purchasing it before you need it, as policies become either unavailable or ...

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05/06/2015 08:58 AM

7 Types of 'Insurance' That Are a Waste of Money - Money Talks News (blog)


Money Talks News (blog)

7 Types of 'Insurance' That Are a Waste of Money
Money Talks News (blog)
Some types of insurance and financial protection are not only smart, but legally required: Most states demand some sort of vehicle insurance. Now, with the Affordable Care Act, you can add health insurance to the required list. Other coverage just ...

 

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05/06/2015 06:03 AM

Allegedly abusive mortgage insurance deals lead to class action settlement - Washington Post


Allegedly abusive mortgage insurance deals lead to class action settlement
Washington Post
Anyone who has taken out a home mortgage knows that one of the borrower's key responsibilities is to pay hazard insurance premiums on the property and not let the policy lapse. But are you aware that if you fail to keep the insurance current, or if the ...

 

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05/06/2015 05:31 AM

How Wearable Devices Could Disrupt the Insurance Industry - Insurance Journal


Insurance Journal

How Wearable Devices Could Disrupt the Insurance Industry
Insurance Journal
While there are many benefits to utilizing wearable technology in the insurance industry, along with the innovation comes risks, according to experts. Wearable technology refers to miniature electronic devices that are worn under or on top of clothing ...

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05/06/2015 06:40 AM

IIABNY: Study Shows NY Insurance Agents Are Growing - Insurance Journal


IIABNY: Study Shows NY Insurance Agents Are Growing
Insurance Journal
With deep roots in their communities, New York independent insurance agencies are healthy and growing, Independent Insurance Agents & Brokers of New York Inc. (IIABNY ) said. IIABNY said a recent analysis of New York agents in the 2014 Agency ...

 

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05/05/2015 11:25 PM

7 Kinds of Insurance You May Have Overlooked - Credit.com News (blog)


Credit.com News (blog)

7 Kinds of Insurance You May Have Overlooked
Credit.com News (blog)
There are certain kinds of insurance we know we are supposed to buy (or at least consider) — like auto or health insurance. But when it comes to other insurance types like life insurance, there are a wide variety of options. You may not think ...

 

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International Insurance News

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05/04/2015 04:05 AM

Oman Insurance Company signs a corporate pension plan with Aircrew ... - CPI Financial


Oman Insurance Company signs a corporate pension plan with Aircrew ...
CPI Financial
... signs a corporate pension plan with Aircrew Protection International. Oman Insurance Company (OIC) announces its selection as a preferred provider for Aircrew Protection International (API) offering airline pilots life insurance and investment plans.

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04/24/2015 10:04 AM

AM Best Upgrades Ratings of AGA International SA and Jefferson Insurance ... - MarketWatch


AM Best Upgrades Ratings of AGA International SA and Jefferson Insurance ...
MarketWatch
... WIRE) -- A.M. Best has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the issuer credit ratings to “aa-” from “a+” of AGA International SA (AGAI) (France) and its subsidiary, Jefferson Insurance Company (Jefferson ...

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04/27/2015 05:19 AM

Tennessee Farmers Life Insurance Company Selects Sapiens ALIS for Its Next ... - SYS-CON Media (press release)


Tennessee Farmers Life Insurance Company Selects Sapiens ALIS for Its Next ...
SYS-CON Media (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance and retirement industry, with an emerging focus on the broader financial services sector, announced today that Tennessee ...
Farm Bureau Insurance of Tennessee selects Sapiens ALIS in the cloud to ...Virtual Press Office (press release)

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05/06/2015 01:03 AM

China's Fosun International moves to take over leading US insurer - Insurance Business America


Insurance Business Review

China's Fosun International moves to take over leading US insurer
Insurance Business America
A major Chinese investment company has made a move to take over US insurance company Ironshore this week. Fosun International, which is controlled by Chinese billionaire Guo Guangchang, already owns a 20% stake in the property/casualty insurer ...
China's 'Student' Of Warren Buffett Buys US Insurer Ironshore Amid New Wave ...International Business Times
Fosun Bids For Ironshore Acquisition For $1.8 BillionGuruFocus.com (registration)
Fosun to acquire remainder of IronshoreIntelligent Insurer
Insurance Business Review
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05/06/2015 07:00 AM

American International Group Director Peter R. Fisher Acquires 4280 Shares (AIG) - WKRB News


American International Group Director Peter R. Fisher Acquires 4280 Shares (AIG)
WKRB News
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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04/09/2015 08:02 AM

Your insurance company can now use drones to check up on you - Quartz


Quartz

Your insurance company can now use drones to check up on you
Quartz
Insurance giant American International Group yesterday (April 8) announced it has won approval from the US Federal Aviation Administration to fly drones. That means AIG will now be able to use unmanned aerial vehicles to get to disaster-stricken towns ...
AIG Becomes The Latest Company To Use DronesBenzinga

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05/05/2015 11:12 AM

American International Group Price Target Increased to $65.00 by Analysts at ... - sleekmoney


American International Group Price Target Increased to $65.00 by Analysts at ...
sleekmoney
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...
American International Group Inc 11.7% Potential Upside Indicated by ArgusDirectorsTalk Interviews
American International Group Inc (NYSE:AIG) Plans to Take Steps To Reduce ...WallStreetPR (blog)

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05/03/2015 01:15 AM

American International Group: On Its Way To A $100 Per Share Book Value? (AIG) - Seeking Alpha


American International Group: On Its Way To A $100 Per Share Book Value? (AIG)
Seeking Alpha
In February, when American International Group reported fourth quarter earnings, it seemed that the insurance company would have a long way to go before shareholders saw higher share prices. With the release of American International Group's first ...

 

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05/06/2015 04:35 AM

SpaceX's mission today tested if it can protect astronauts on its spaceship - Quartz


Quartz

SpaceX's mission today tested if it can protect astronauts on its spaceship
Quartz
It's a significant accomplishment to send robotic ships to supply the International Space Station, but when that goes wrong—as in the calamitous failure of Orbital Science's 2014 re-supply mission—the only damages are to reputation and insurance ...

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05/05/2015 05:46 AM

XL Catlin Unified Brand Launched With Global Marketing Campaign - Insurance Journal


Canadian Underwriter

XL Catlin Unified Brand Launched With Global Marketing Campaign
Insurance Journal
XL Catlin's CEO Mike McGavick said: “We believe that the specialty and complex risk (re)insurance space is where the greatest opportunities exist for a (re)insurance company like XL Catlin to make the greatest impact. As risks are changing very fast ...
XL Catlin brand launches, global marketing campaign set to beginCanadian Underwriter
XL Group plc and Catlin Group Limited Join Together, Launch Unified Brand and ...CNNMoney

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